HSBC launches scale-up banking in NZ, eyes market gap
Innovation Banking launched in 2023 after HSBC bought collapsed Silicon Valley Bank UK for a nominal £1.
HSBC New Zealand country manager Daniel Felton.
HSBC has launched a targeted banking service for New Zealand’s so-called ‘scale-up’ firms, after identifying a gap in the market for venture capital-backed businesses that have exited the startup phase and want to now expand overseas.
HSBC Innovation Banking now has a presence in New Zealand,
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